Regions
Google Invests $50M in Silicon Valley Fund
The investment is part of the company’s previously announced $1 billion commitment to help fund affordable housing in the Bay Area.
West Shore Acquires 230-Unit Kentucky Asset
The 14-building community, located in Lexington, Ky., is the company’s third major acquisition in the Bluegrass State.
Hamilton Zanze Buys DC-Area Community
The real estate investment firm has acquired The Reserve at Ballenger Creek Apartments, a 204-unit asset in Frederick, Md. Mission Rock Residential has taken over property management.
Salt Lake City Multifamily Report – Summer 2019
The metro’s multifamily market continues to be strong, supported by job and population gains. Rents increased 3.0 percent year-over-year through May, 50 basis points above the U.S. growth rate.
On the Front Lines of Military Housing
Tim Toohey, managing director of Corvias Property Management, discusses the challenge of on-base occupancy and how best to meet service members’ housing needs.
Top 5 NYC Multifamily Sales
PropertyShark compiled the top 5 multifamily sales recorded in June 2019 in New York City.
Steele Properties Buys Columbus Affordable Community
The firm has expanded its portfolio with the acquisition of a 112-unit property. The asset will receive more than $44,000 per unit in hard cost rehabilitation.
Fore Property Opens 5th Portland Community
The five-story building is located in Portland’s historic Mississippi neighborhood, close to major employers including Adidas, Nike, Intel and Oregon Health & Sciences University.
LMC Adds 240 Units to Denver Portfolio
The mixed-use property includes 5,200 square feet of ground-floor retail space in the RiNo neighborhood and provides access to Denver’s Central Business District.
Pennsylvania Student Housing Portfolio Changes Hands
Rittenhouse Realty Advisors arranged the sale of the 44 properties for $21.3 million to a purchaser new to the student housing market.